What’s Behind the Inflation Hall of Mirrors?
The global economy may have finally run up against hard limits of "infinite substitution" and "infinite…
Author: Charles Hugh Smith
Why Don’t Billionaires Pay the Same High Tax Rates the Rest of Us Pay?
The truth is America has lost its way if commoners pay a rate of 40% but…
The Moment Wall Street Has Been Waiting For: Retail Is All In
The ideal bagholder is one who adds more on every downturn (buy the dip) and who…
America Is a Moral Cesspool, and Student Loans Prove It
If America somehow managed to educate millions of college students without burdening them with $2 trillion…
America Has Lost the Trade War with China, and the Real Pain Has Yet to Begin
Corporate America sacrificed national interests in service of greed, and so did the U.S. government. As…
Have We Reached "Peak Self-Glorifying Billionaire"?
Perhaps we should update Marie Antoinette's famous quip of cluelessness to: "Let them eat space tourism."…